
COINTELEGRAPH · 2026-10-19 20:22 UTC
Crypto PAC pours $362K into California race voters essentially decided in August
Protect Progress, a Fairshake crypto PAC affiliate, spent $362,000 on ads supporting Democrat Aisha Wahab in California's 14th district, weeks after she won the August special election against the same opponent with 53% of the vote. Both candidates in the race were ranked as 'strongly supports crypto' by Stand With Crypto, raising questions about the spending in a race already decided. Fairshake, backed by Coinbase, Ripple Labs, and Andreessen Horowitz, has spent tens of millions since 2024 to support 'pro-crypto' candidates; the PAC reported $193 million cash on hand and is spending…
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